23.
05.14
World-wide amplified growth of in milk production

Milch Cockpit, 23.05.2014

Bullish
  • Growing world population and increasing purchasing power and Westernization of consumption habits in the emerging markets in favour of permanently high demand for milk and dairy products.
  • Upcoming seasonal decline in the milk delivery in the northern hemisphere.
  • Yet extensive existing coverage needs of the buyer for appointments in the second half of the year.
Bearish
  • Almost world's strong growth of milk production.
  • Subdued demand from major importers like Russia and China.

(AMI) The global milk production has increased significantly in the first few months by 2014. While the dynamics of growth has been least noticeable. In the first quarter, the volume of milk in the 4 most important exporters of dairy products on the world market, the United States, the EU, as well as Australia and New Zealand, total reached a volume of about 68 million tonnes. Nearly 3 million tonnes or 4.5% were more than in the same period of the previous year. In contrast, growth in the fourth amounted to quarter 2013 average just under 3%.

In stand-alone, a slight increase in the volume of milk compared to the previous year of around 1% showed from January to March for the United States. At the same time grew the quantities in Australia by 2.8% and by 5.5% in the EU. The growth increased rapidly in New Zealand. In March, the production exceeded the previous mark by almost a quarter. For the first quarter, an increase of 12.8% surrendered it.

Due to the strong increase in the volume of milk 2014 export offer has become in the first quarter clearly on the world market, causing a drop of in prices for dairy products result. This was the case, first for whole milk powder in the course as well as skimmed-milk powder and butter. Based on the results of the GlobalDairyTrade tender prices over all traded dairy products gave February when the result yet over the 5,000 USD brand had been, since the beginning until mid-May, nearly a quarter.

World-wide amplified growth of in milk production
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ZMP Live Expert Opinion

Most recently a certain stabilisation of the market situation has emerged. In the course of which the buyer abandoned their hesitant and increasingly took appointments in the 3rd quarter in attack. Here is even more extensive requirements, as is the least in the past few months have longer term covered with goods. So to expect a recovery of in demand will be expected, particularly as pages single major supplier on the world market after current impression in the coming months may be less pressure looming as originally.

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08.
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09:07

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03.
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GDT auction in April 2024: +2.8% The first April 2024 auction of Global Dairy Trade (GDT) offset the price decline of the previous auction with an average of +2.8%. Whole milk powder and normal butter make a significant contribution to this, sometimes with significant price increases. At 18,737 t, the auction volume continues to decline as is usual…

20.
03.24
08:36

GDT auction March 2024 repeats in negative territory The second March 2024 auction of Global Dairy Trade (GDT) continued the price decline of the previous auction with an average of -2.8% . Whole and skimmed milk powder, with consistently high price discounts, play a significant role in this. At 19,655 t, the auction volume continues to fall, as is…

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